Within the department of business regulation there shall be a division of financial services that oversees the regulation and control of banking and insurance and such other matters within the jurisdiction of the department as determined by the director. The division shall have offices which shall be assigned to it by the department of administration.

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Terms Used In Rhode Island General Laws 42-14-4

  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.

Superintendents of banking and insurance reporting to the director and/or health insurance commissioner as appropriate shall be in charge of all matters relating to banking and insurance.

History of Section.
P.L. 1935, ch. 2250, § 73; G.L. 1938, ch. 127, § 1; impl. am. P.L. 1939, ch. 660, § 120; impl. am. P.L. 1951, ch. 2727, art. 1, § 3; G.L. 1956, § 42-14-4; P.L. 1978, ch. 153, § 1; P.L. 2004, ch. 446, § 3; P.L. 2004, ch. 557, § 3; P.L. 2018, ch. 47, art. 3, § 8.